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Wells Fargo was released from a punitive, seven-year-long $1.95 trillion cap on its assets on Tuesday after the U.S. Federal ...
After the fed lifted an asset cap from Wells Fargo, CEO Charlie Scharf announced all full-time employees will get a $2,000 ...
Wells Fargo & Company operates within the financial services sector and is listed under major U.S. stock indexes such as the ...
The cap was introduced following revelations that Wells Fargo employees had opened unauthorised accounts to meet sales ...
The San Francisco-based bank was long hamstrung by a regulatory order that kept it under $1.95 trillion of assets. Now Wells ...
After seven years under a restrictive asset cap imposed by the US Federal Reserve, Wells Fargo has finally received approval ...
(Reuters) -Shares of Wells Fargo rose more than 2% on Wednesday after the U.S. Federal Reserve lifted a longstanding cap on ...
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Fed lifts Wells Fargo asset cap
The Federal Reserve has lifted the $1.95 trillion asset cap on Wells Fargo. The restriction was imposed in 2018 due to a ...
Wells Fargo on Thursday moved a step closer to getting its asset cap lifted after a top U.S. regulator lifted a 2015 ...
Fed lifts Wells Fargo’s $1.95 trillion asset cap after six years, marking a turnaround for the bank and boosting confidence ...
The Fed board voted unanimously to lift the $1.95 trillion asset cap restriction, which was the first time the central bank ...
The fourth-largest US bank plans to pursue growth and expansion in investment banking, credit cards, and wealth management now that it has shed a major growth restriction imposed last decade by ...